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The 10 most important things in the world right now

Thursday, 31 May 2018

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The 10 most important things in the world right now

Hello! Here's what's happening on Thursday. 
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Westpac says Australian home prices will fall for an 'extended period'

Low rental yields and prospective tax changes over negative gearing and capital gains are killing investor demand. 
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Australian banks are facing a margin squeeze and it's bad news for borrowers

Multiple analysts expect the wholesale funding costs for Australian banks to rise in the coming months.
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The headwinds for Australia's housing market appear to be strengthening

A major factor behind this decline has been a pronounced slowdown in housing credit growth, especially to investors.
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Amazon.com will stop shipping to Australia from July 1

There's been backlash from Australian consumers.
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Melbourne startup ShareRing wants to change the car industry using blockchain

It is an on-demand platform that aims to centralise a fragmented sharing economy by bringing together services across industries and countries.
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Thredbo ski resort has banned tobogganing - and people are furious

It's just a week out from the start of the ski season.
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Victorian police faked 258,000 random breath tests to dupe the system

The tests were falsified over five and a half years.

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